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March 6, 2024

Proposed 240-Room Hotel Aims to Revitalize Honolulu’s Chinatown

A new hotel development is brewing in Honolulu’s Chinatown, aiming to serve as a catalyst for the neighborhood’s revitalization. The proposed 16-story, 240-room hotel is currently making its way through the Honolulu City Council’s Zoning committee for approval.

Developer ʻIkenākea envisions the project as an anchor for the community, attracting investment and redevelopment while bringing much-needed jobs, foot traffic, and revenue to the area. Developers emphasize that these benefits have historically bypassed Chinatown in favor of tourist hotspots like Waikiki and Ala Moana.

Over the next four years, the project plans to transform the currently underutilized site, which currently serves as parking and storage, into a vibrant lifestyle hotel situated along a future Honolulu rail hub. The hotel will offer guests a variety of amenities, including:

• Two food and beverage outlets
• Meeting space
• A museum
• A rooftop pool
• A gym and spa
• A sky lobby
• A rooftop bar and restaurant with outdoor seating
• Accessible lanais with scenic views

The project acknowledges the historical significance of the area and incorporates the existing single-story historic structure, the Yee Hop & Co. warehouse, into the design plans. The building, listed on the Hawaii Register of Historic Places, will be meticulously restored to its original condition, showcasing its unique basalt rock wall exterior.

Situated adjacent to the Chinatown HART Station and Nimitz Highway, the project prioritizes pedestrian access and aims to promote long-term economic viability for the neighborhood.

The proposal faces approval through the Honolulu City Council’s Zoning committee and a separate 6E process with the State Historic Preservation Division due to the historic nature of the incorporated building.

March 6, 2024

Selling Your Hawaii Property: Strategies for Real Estate Success

Whether you’re transitioning to a new chapter, maximizing your investment, or seeking a change of scenery, navigating the unique aspects of the Hawaii real estate market can be smooth and successful with the right strategies and a knowledgeable partner by your side.

Understanding the Market Landscape:

• Market Specificity: Hawaii’s most populous island, Oahu, boasts a diverse real estate landscape unlike any other. From the vibrant energy of Honolulu’s urban core, gated hillside ocean view communities like Hawaii Loa Ridge, to the laid-back charm of beachfront retreats, Oahu offers a variety of neighborhoods to suit every lifestyle preference. Sachi Hawaii possesses in-depth knowledge of each distinct market segment, allowing us to tailor a strategic selling approach specific to your property’s location and its unique value proposition.

• Pricing Power: Determining the right asking price is crucial for attracting qualified buyers and achieving a successful sale. We utilize a data-driven approach, analyzing recent sales of comparable properties in your area, along with current market conditions, to arrive at a competitive and realistic listing price that maximizes your profit potential.

Preparing Your Property for Success:

• Curb Appeal is Key: First impressions matter, and in Hawaii’s competitive market, ensuring your property looks its best is essential. Cost-effective improvements that enhance your curb appeal, such as landscaping maintenance, minor repairs, and decluttering the exterior, often add significant value. For condominium owners, the “curb appeal” might be that first impression buyers see when first entering the home, from fresh flowers to attractive scents.

• Staging for Showcase: High-quality visuals are vital for attracting potential buyers in today’s online-driven market. Sachi Hawaii has an in-house staging and design team to help transform your space into an inviting haven, showcasing its full potential and resonating with a wider range of buyers.

2549 Tantalus Staging
Staged, Furnished, Photographed, Listed & Sold by Sachi Hawaii

Marketing Expertise for Maximum Exposure:

• Targeted Marketing Strategies: Sachi Hawaii goes beyond traditional listing platforms. We leverage our extensive international network and local market knowledge to reach the right audience, utilizing targeted online advertising, strategic social media campaigns, print advertisements, direct mail, and exposure to our coveted network of buyers to ensure your property gains maximum exposure.

• Professional Photography and Videography: At Sachi Hawaii, we know the power of captivating visuals. That’s why we offer a unique advantage: an in-house team of skilled photographers, videographers, and drone pilots. They’re passionate about capturing the very essence of your Hawaii property, highlighting its unique features and enchanting surroundings. Our commitment to high-end visual production goes beyond the standard, consistently exceeding expectations. This translates to a powerful tool for our sellers, placing their property in the best light possible and attracting qualified buyers searching for their slice of paradise.

3603 Diamond Head Road
3603 Diamond Head Road, a home seen throughout many Hawaii publications.
Photographed, Listed & Sold by Sachi Hawaii

Negotiation and Closing with Confidence:

• Expert Negotiation: Sachi Hawaii’s experienced agents possess the negotiation expertise to handle buyer inquiries and offers, ensuring your best interests are protected and you receive the highest possible return on your investment.

• Seamless Closing Process: Selling a property involves various legal and financial aspects. Our team will guide you through every step of the closing process, ensuring clear communication, timely paperwork completion, and a smooth and stress-free transaction.

Beyond the Transaction: Building Relationships:

At Sachi Hawaii, we understand that selling your property is more than just a transaction. We strive to build lasting relationships with our clients, offering ongoing support and guidance throughout the process and beyond.

Ready to achieve a successful sale of your Hawaii property?

Contact Sachi Hawaii today and let our team of dedicated professionals guide you through every step of the journey. We look forward to helping you achieve your real estate goals in paradise!

(808) 596-8801 | info@sachihawaii.com

March 5, 2024

Rarely Available Vacant Lot on Coveted Diamond Head Road

3016 Diamond Head Road

Calling all dream home builders and real estate investors! A rare opportunity has arisen to own a piece of paradise at 3016 Diamond Head Road in Honolulu. This vacant land listing presents a unique chance to build your dream home in one of Honolulu’s most sought-after locations.

Prime Location: Diamond Head Road is renowned for its proximity to world-class beaches, nearby parks, and iconic Diamond Head Crater. This coveted address offers a tranquil environment while remaining close to all the excitement Honolulu has to offer, including world-class shopping, dining, and entertainment options.

Unleash Your Vision: The property boasts 4,500 square feet on a level lot, providing ample space to design and construct your ideal residence. Whether you envision a sprawling family home, a luxurious vacation retreat, or a sustainable and eco-friendly dwelling, the possibilities at 3016 Diamond Head Road are endless.

3016 Diamond Head Road

Don’t Miss Out: This vacant lot is a true gem in the Honolulu real estate market and one of just a handful of remaining vacant lots in Diamond Head. With its prime location and development potential, this property is a truly unique slice of paradise awaiting your creative vision.

Listed by Vince Vanderstroom (RS-58374)

For inquiries or to schedule a showing, please contact Sachi Hawaii:
(808) 596-8801 | info@sachihawaii.com

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